How are capital gains taxed in MA?
Sarah Garza
Updated on March 11, 2026
Federal capital gains ranges from 15% to 25%, depending on your income level and filing status. In Massachusetts, for short term capital gains (property held for one year or less is) the tax rate is 12% and for long-term capital gain (property held more than one year) the tax rate is 5.2%.
What is the dollar amount for capital gains tax?
2020 Long-Term Capital Gains Tax Rate Income Thresholds
| Capital Gains Tax Rate | Taxable Income (Single) | Taxable Income (Married Filing Separate) |
|---|---|---|
| 0% | Up to $40,000 | Up to $40,000 |
| 15% | $40,001 to $441,450 | $40,001 to $248,300 |
| 20% | Over $441,450 | Over $248,300 |
Who qualifies for no tax status in Massachusetts?
If your Massachusetts AGI doesn’t exceed certain amounts for the taxable year, you qualify for No Tax Status (NTS) and aren’t required to pay any Massachusetts income tax, but still need to file a tax return.
How much is capital gains in MA?
For the tax year 2016, the rates on taxable income are as follows: Capital gains reported on Massachusetts Schedule B is 12%.
How long do you have to live in mass to be a resident?
183 days
Presence in Massachusetts Not only must a person maintain a permanent place of abode in Massachusetts, but a person must also spend more than 183 days in Massachusetts to meet the definition of a resident.
What are the tax rates for capital gains in Massachusetts?
For the tax year 2016, the rates on taxable income are as follows: Capital gains reported on Massachusetts Schedule B is 12%. Gains on the sale of property used in a trade or business (4797 property) held for one year or less. Interest and dividends reported on Massachusetts Schedule B is 5.1%.
When do I have to pay capital gains tax?
Includes short and long-term Federal and State Capital Gains Tax Rates for 2020 or 2021. Calculate the capital gains tax on a sale of real estate property, equipment, stock, mutual fund, or bonds.
Do you have to pay capital gains tax in New Hampshire?
So, if you’re lucky enough to live somewhere with no state income tax, you won’t have to worry about capital gains taxes at the state level. New Hampshire and Tennessee don’t tax income but do tax dividends and interest.
How to calculate capital gains tax for 2020?
Includes short and long-term Federal and State Capital Gains Tax Rates for 2020 or 2021. Calculate the capital gains tax on a sale of real estate property, equipment, stock, mutual fund, or bonds. Requires only 7 inputs into a simple Excel spreadsheet.
